Mergers and acquisitions by financial institutions had ripple effects, including layoffs, branch closures and office shuffling.
On the money: Richmond area banking news recap for 2021
Richmond
Open house: The top highest-priced home sales of 2021
The area’s high-end home market saw its fair share of multimillion-dollar deals, led by a local couple’s move across the Henrico-Goochland line.
The Pitch: Advertising and marketing news for 12.28.21
A Hampton Roads microbrewery gets a rebrand from a Shockoe Bottom firm, Arts & Letters hires more Martin Agency vets, and VUU picks a local shop as its lead agency.
The Herd: New hires, promotions & departures for 12.28.21
A real estate firm names a director of operations, a nonprofit appoints an executive director, plus new faces and promotions in finance, retail and more.
Virginia’s budding marijuana industry took root in Richmond and grew in 2021
The start date for recreational sales may be moved up to 2023 instead of 2024, but local entrepreneurs aren’t waiting to profit from cannabis consumers.
Order up: 2021 was a newsy year for restaurants in the Richmond region
New concepts were announced, local restaurateurs expanded their footprints, and plenty of old restaurant spaces were given new life.
2021 legal roundup: LeClairRyan, Matson, Hild dominated headlines
The law firm’s bankruptcy case continues, one of its top attorneys is in prison, and Live Well Financial’s former CEO fights his fraud conviction.
Plans confirmed for boutique hotel just off Monument Avenue
ASH NYC sees potential in Richmond, despite nearby competitors like Quirk Hotel, the Graduate Richmond and The Jefferson Hotel.
Deals in Innsbrook, Midlothian close out busy year for apartment sales
The newly built apartment complexes both sold for around the same price, but one’s per-door breakdown approached a recent record.
Developer Tom Papa pays $2M for acre on Decatur with old warehouse
The Manchester parcel is catty-corner to Papa’s seven-story, 118-unit, mixed-use building The Box, which is under construction.